WorksheetsThe Debt Spiral
Total questions: 10
Worksheet time: 5mins
How much does the US Government debt increase every 100 days?
$100 billion
$1 trillion
$500 million
$200 billion
What is the annual tax collection amount of the US?
$4.9 trillion
$3.5 trillion
$5.2 trillion
$4.2 trillion
What did Jerome Powell say about the US Government debt?
It is sustainable
It is decreasing
It is unsustainable
It is manageable
What is the 'dollar milkshake theory' related to?
US Government debt
Cryptocurrency
US Government bonds
Global financial markets
How much new debt does the US Government need to issue every year?
$3 to $4 trillion
$1 to $2 trillion
$2 to $3 trillion
$4 to $5 trillion
What is the expected outcome of high inflation periods according to the discussion?
Decrease in purchasing power
Increase in government revenue
Decrease in national debt
Stability in the stock market
What rank did Bitcoin achieve in terms of base money?
Eighth
Seventh
Sixth
Fifth
What is the annual expansion rate of US base money since 2008?
11%
9%
7%
12%
What is the BTFP program designed to do?
Reduce national debt
Stimulate economic growth
Increase tax collection
Provide liquidity for treasury purchases
What is a major trend in the Bitcoin industry according to the discussion?
Bitcoin replacing traditional currencies
Government regulation of Bitcoin
Institutional investors doing research on Bitcoin
Decrease in Bitcoin value
